This property looks like a bad Mid-Term investment with a projected -1.52% first-year return on $75,729 initial cash invested.
-1.52%
Cash On Cash
6.82%
Cap Rate
1.02
DSCR
$3,052
Rent
-$96
Cashflow
Cash Flow
$3,052 income − $3,148 expenses = $96 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,729
Downpayment
20%
$54,980
Closing costs
1%
$2,749
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,052
Total Expenses
$3,148
Mortgage P&I
50%
$1,536
Property Taxes
16%
$478
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$366
CapEx
4%
$122
Vacancy
3%
$92
Maintenance
4%
$122
Other
11%
$336